AUGUST 12, 1978

SATURDAY
$1,000 INVESTED IN COKE STOCK (KO) IN 1978
WOULD HAVE MADE YOU $235,665 IN 2025
Min_Wage_Hourly: $2.80
Median_Home_Price: $42,480.00
Gas_Price_Avg: $1.05
Bread_Price_Avg: $0.45
Movie_Ticket_Avg: $2.53
First_Class_Stamp: $0.13
Milk_Price_Avg: $1.97
Top Movies By August 12, 1978
1 Grease
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Grease
2 Animal House
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Animal House
3 Jaws 2
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Jaws 2
4 Foul Play
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Foul Play
5 Hooper
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Hooper
6 Revenge of the Pink Panther
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Revenge of the Pink Panther
7 The Swarm
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The Swarm
8 Girlfriends
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Girlfriends
9 Fairy Tales
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Fairy Tales
10 Star Wars: Episode IV - A New Hope
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Star Wars: Episode IV - A New Hope
Coming Home
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Coming Home
Blue Collar
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Blue Collar
Coach
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Coach
Record City
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Record City
Special Olympics
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Special Olympics
French Quarter
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French Quarter
Pretty Baby
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Pretty Baby
Forbidden Erotica
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Forbidden Erotica
Space Force
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Space Force
Straight Time
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Straight Time
Stunt Rock
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Stunt Rock
The Bastard
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The Bastard
House Calls
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House Calls
Rabbit Test
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Rabbit Test
The Betsy
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The Betsy
Coma
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Coma
The Foreigner
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The Foreigner
The Fury
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The Fury
The Suicide
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The Suicide
Mirrors
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Mirrors
Getting Married
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Getting Married
Dr. Scorpion
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Dr. Scorpion
Almost Summer
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Almost Summer
Escapade
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Escapade
The Evil
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The Evil
Vampire Hookers
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Vampire Hookers
Malibu Beach
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Malibu Beach
Deathsport
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Deathsport
Jennifer
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Jennifer
Night Creature
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Night Creature
High-Ballin'
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High-Ballin'
The Manitou
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The Manitou
Carroña
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Carroña
Matilda
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Matilda
Newsfront
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Newsfront
Superdome
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Superdome
The Playbirds
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The Playbirds
Deathmoon
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Deathmoon
A Night Full of Rain
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A Night Full of Rain
Laserblast
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Laserblast
The Seniors
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The Seniors
High Anxiety
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High Anxiety
The Gauntlet
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The Gauntlet
Close Encounters of the Third Kind
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Close Encounters of the Third Kind
Saturday Night Fever
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Saturday Night Fever
Killer of Sheep
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Killer of Sheep
August 12, 1978 Trivia
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The Story of August 12, 1978

On August 12, 1978, General Motors (G.

🧠 Inventions of 1978

Breakthroughs and everyday innovations from the year.

1 Global Positioning System Satellites
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Global Positioning System Satellites
2 Word Processing Software (WordStar)
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Word Processing Software (WordStar)
3 Digital Telephone Answering Machine
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Digital Telephone Answering Machine
4 Medical Imaging PACS Concept
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Medical Imaging PACS Concept
5 Electronic Spreadsheet (VisiCalc)
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Electronic Spreadsheet (VisiCalc)
6 Computer Animation Software
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Computer Animation Software
7 Automated Warehouse Robotics
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Automated Warehouse Robotics
8 Digital Signal Processor Chip
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Digital Signal Processor Chip
9 Video Game Console (Atari 2600)
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Video Game Console (Atari 2600)
10 Space Probe Voyager Instruments
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Space Probe Voyager Instruments

HEADLINES ON August 12, 1978

Full News Archive

  • Headline: Leadership Change at General Motors. Impact: When Richard L. Terrell resigned, it sent shockwaves through G.M. that somehow led to the invention of the self-driving car. Who knew a simple resignation could lead to a future where you can ignore your friends while your car takes you to Taco Bell?. Fact: Did you know that corporate shake-ups often lead to more drama than a reality show? Grab your popcorn!.
  • Headline: New York's Toxic Chemicals Investigation. Impact: The release of the list of industries using toxic chemicals ignited grassroots movements that ultimately led to the invention of eco-friendly glitter. Just imagine if glitter was toxic – we'd all be in trouble!. Fact: Fun fact: Love Canal was such a disaster that it made 'toxic waste' a household term, proving that pollution is really the gift that keeps on giving..
  • Headline: Hilton Hotels Corp Expansion Plans. Impact: With the expansion of Hilton Hotels, the hospitality industry was forever altered, leading to the creation of the 'weekend getaway' – a term that would later inspire countless regrettable decisions.. Fact: You know what they say about hotel expansions: if you build it, they will come... and complain about the Wi-Fi!.
  • Headline: Around the Nation. Impact: The FBI's failure to find evidence of pre-planned riots opened the door for conspiracy theories to flourish. Now, every time someone misplaces their keys, there's a theory about government cover-ups.. Fact: It's comforting to know that sometimes, incompetence can lead to less chaos than a well-planned conspiracy. Who knew?.
  • Headline: For a Success Story, Here's to Beer!. Impact: The trend towards lighter beer led to the rise of 'beer enthusiasts' who take their drinking as seriously as a college professor. Thus began the great debate: is it beer or just fancy carbonated water?. Fact: Lighter beer: because sometimes you need to drink something that won't weigh you down while you contemplate your life choices..
  • Headline: Pop: Cars Merge Styles. Impact: As Cars merged styles, they inadvertently set the stage for countless car commercials featuring sad songs and beautiful landscapes, ultimately leading to the invention of the 'road trip' Instagram account.. Fact: Fun fact: Rock bands and cars have a lot in common – they both can make you feel rebellious until you get stuck in traffic..
  • Headline: National Air Gets Setback. Impact: The setback for National Air's acquisition led to a series of legal battles that made lawyers richer and passengers angrier. Who knew the airline industry could get any more complicated?. Fact: Remember when flying was fun? Yeah, me neither. Thanks, legal drama!.
  • Headline: Prostitutes’ Union Office Burns. Impact: The destruction of the Coyote union office may have led to a rise in underground organizing. If only they had a fire extinguisher and a strategic plan, things might have gone differently.. Fact: When your office burns down, it’s usually a sign to reevaluate your career choices. Or, you know, just get better fire insurance..
  • Headline: Lettin’ in the Commies. Impact: Yergin’s article on Soviet trials inadvertently fueled the Cold War’s paranoia, leading to a generation convinced that their neighbors were secretly KGB agents. Thanks for the trust issues, Dan!. Fact: Nothing says 'we’re friends' like a healthy dose of distrust and the fear of espionage, right?.
  • Headline: Mrs. Harris Skips a New Chance To Offer. View on Interest Rates. Impact: Mrs. Harris's refusal to comment on interest rates sparked a nationwide game of telephone where everyone pretended to understand economics. Spoiler: they didn’t.. Fact: It turns out that dodging questions is an art form – one that politicians have mastered over the decades. Bravo!.

Wall Street Time Machine

The Right Call: If you'd invested $1,000 in any one of these companies in 1978, here's what it would be worth in 2025.
Rank #1
WMT
Walmart
Price in 1978
$0.01
Value in 2025
$7,945,492

Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)

Rank #2
INTC
Intel
Price in 1978
$0.18
Value in 2025
$199,890

Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)

Rank #3
JNJ
Johnson & Johnson
Price in 1978
$0.49
Value in 2025
$423,037

Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)

🦸 Top 5 Comics
X-Men #111
X-Men #111
$75
Action Comics #484
Action Comics #484
$15
Daredevil #158
Daredevil #158
$75
Superman #233
Superman #233
$250
Peter Parker, The Spectacular Spider-Man #27
Peter Parker, The Spectacular Spider-Man #27
$30
🧸 Top 5 Toys
Star Wars Action Figures
Star Wars Action Figures
$300.00
Simon
Simon
$500.00
Lego Space Sets
Lego Space Sets
$350.00
Speak & Spell
Speak & Spell
$150.00
Hot Wheels
Hot Wheels
$30.00
🎮 Top 5 Video Games
Space Invaders
Space Invaders
$13,800
Adventureland
Adventureland
Unknown
Avalanche
Avalanche
$60.00
Astro Battle
Astro Battle
$200.00
Sky Diver
Sky Diver
$12.34
⚾ Top 5 Trading Cards
Wayne Gretzky Rookie Card
Wayne Gretzky Rookie Card
$4,000,000
Kenner Star Wars Series 1
Kenner Star Wars Series 1
$70.00
Topps Baseball 1978 Eddie Murray Rookie Card
Topps Baseball 1978 Eddie Murray Rookie Card
$3,000
Futera Muhammad Ali 1978
Futera Muhammad Ali 1978
$1,500
Topps Football 1978 Tony Dorsett Rookie Card
Topps Football 1978 Tony Dorsett Rookie Card
$20,000